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  "documentTitle": "Tessera Technologies Inc. (TSRA)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2013-04-30 00:00:00",
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      "text": "Our slate of nominees includes individuals with deep expertise in Tessera’s key markets, a broad understanding of the intellectual property licensing and technology components businesses, and the independence necessary to hold management accountable for its performance.",
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      "text": "Through a two-month search process utilizing a tier one executive search firm, we identified and nominated a slate of six new director candidates with exceptional and relevant credentials, including: Tudor Brown, George Cwynar, Peter Feld, Thomas Lacey, George Riedel, Donald Stout.",
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      "text": "We note that not a single one of management's nominees has run an intellectual property licensing business, has direct background in imaging technology components, has experience in patent law, or owns a material stake in the company.",
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      "text": "David Nagel has been on the Board for 8 years and is responsible for overseeing years of terrible performance and poor governance.",
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      "text": "Management's slate of director candidates, on the other hand, appears to have been hastily assembled and consists of a combination of incumbent directors and new directors, many of whom lack relevant experience and have ties to Chairman and Interim CEO Richard Hill.",
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      "text": "Our slate of nominees includes individuals with deep expertise in Tessera’s key markets, a broad understanding of the intellectual property licensing and technology components businesses, and the independence necessary to hold management accountable for its performance.",
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